Tag Archives: mcx zinc

ZINC:

Technically on the daily charts we see minor support on the downside for Zinc Mcx Future lies in zone of 184- 185 levels, whereas minor resistance on the upside is capped around 204- 205 levels.

If Zinc Mcx Future breaches minor support on the downside and closes below it we may see fresh break down and Zinc Mcx Future can head towards major support on lower side around 175- 174 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and Zinc Mcx Future can head towards higher levels around 218- 220

Currently Zinc Mcx Future is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 218- 220 on upside and 175- 174 on downside.

ZINC:

Technically on the daily charts we see minor support on the downside for Copper Mcx Future lies in zone of 184- 185 levels, where as minor resistance on the upside is capped around 204- 205 levels.

If Zinc Mcx Future breaches minor support on the downside and closes below it we may see fresh break down and Zinc Mcx Future can head towards major support on lower side around 175- 174 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and Zinc Mcx Future can head towards higher levels around 218- 220

Currently Zinc Mcx Future is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 218- 220 on upside and 175- 174 on downside.

ZINC:

ZINC closed the week on a positive note gaining around 2.60%.

As we have mentioned last week, that support for the commodity lies in the zone of 187 to 190 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 180 to 183 where Fibonacci levels and medium term moving averages are lying. During the week the commodity manages to hit a low of 191 and close the week around the levels of 199.

Minor support for the commodity lies around 193 to 195. Support for the commodity lies in the zone of 187 to 190 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 180 to 183 where Fibonacci levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 198 to 200 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 204 to 206 where Fibonacci levels and high for the month of February-2019 is lying.

Broad range for the commodity in the coming week can be seen between 187 – 190 on downside & 206 – 209 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 2.10%.

As we have mentioned last week, that support for the commodity lies in the zone of 187 to 190 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 180 to 183 where Fibonacci levels and medium term moving averages are lying. During the week the commodity manages to hit a low of 187 and close the week around the levels of 194.

Support for the commodity lies in the zone of 187 to 190 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 180 to 183 where Fibonacci levels and medium term moving averages are lying.

Minor resistance for the commodity lies around 193 to 195. Resistance for the commodity lies in the zone of 198 to 200 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 204 to 206 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 185 – 188 on downside & 200 – 203 on upside.

ZINC:

ZINC closed the week on a negative note losing around 1.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 190 to 193 where Fibonacci levels and high for the month of November-2018 and December-2018 is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 183 to 185 where Fibonacci levels and medium term moving averages are lying. During the week the commodity manages to hit a low of 183 and close the week around the levels of 191.

Support for the commodity lies in the zone of 187 to 190 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 180 to 183 where Fibonacci levels and medium term moving averages are lying.

Minor resistance for the commodity lies around 193 to 195. Resistance for the commodity lies in the zone of 198 to 200 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 204 to 206 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 180 – 183 on downside & 200 – 203 on upside.

ZINC:

ZINC closed the week on a negative note losing around 3.40%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 198 to 200 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 204 to 206 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 203 and close the week around the levels of 193.

Support for the commodity lies in the zone of 190 to 193 where Fibonacci levels and high for the month of November-2018 and December-2018 is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 183 to 185 where Fibonacci levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 198 to 200 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 204 to 206 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 183 – 186 on downside & 200 – 203 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 4.30%.

As we have mentioned last week, that support for the commodity lies in the zone of 188 to 190 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 183 to 185 where Fibonacci levels and medium term moving averages are lying. During the week the commodity manages to hit a low of 190 and close the week around the levels of 199.

Support for the commodity lies in the zone of 193 to 195 where Fibonacci levels and high for the month of November-2018 is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 188 to 190 where Fibonacci levels and long term moving averages are lying.

Resistance for the commodity lies in the zone of 198 to 200 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 204 to 206 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 190 – 183 on downside & 205 – 207 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 3.20%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 182 to 184. Support for the commodity lies in the zone of 178 to 180 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 174 to 176 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 183 and close the week around the levels of 191.

Support for the commodity lies in the zone of 188 to 190 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 183 to 185 where Fibonacci levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 193 to 195 where Fibonacci levels and high for the month of November-2018 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 198 to 200 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 183 – 185 on downside & 198 – 200 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 5.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 178 to 180 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 184 to 186 where Fibonacci levels and medium term moving averages are lying. During the week the commodity manages to hit a high of 186 and close the week around the levels of 185.

Minor support for the commodity lies in the zone of 182 to 184. Support for the commodity lies in the zone of 178 to 180 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 174 to 176 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 188 to 190 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 193 to 195 where Fibonacci levels and high for the month of November-2018 is lying.

Broad range for the commodity in the coming week can be seen between 175 – 178 on downside & 192 – 195 on upside.

ZINC:

ZINC closed the week on a negative note losing around 1.30%.

As we have mentioned last week, that support for the commodity lies in the zone of 173 to 175 where the commodity has formed a low in the month of November-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 164 to 166 where the commodity has formed a double bottom in the month of August-2018 and September-2018. During the week the commodity manages to hit a low of 167 and close the week around the levels of 171.

Support for the commodity lies in the zone of 164 to 166 where the commodity has formed a double bottom in the month of August-2018 and September-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 158 to 160 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 173 to 175 from where the commodity broke down from November-2018 and December-2018 low. If the commodity manages to close above these levels then the commodity can move to the levels of 180 to 183 where Fibonacci levels and short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 160 – 163 on downside & 180 – 183 on upside.

ZINC:

ZINC closed the week on a negative note losing around 2.80%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 180 to 182. Resistance for the commodity lies in the zone of 188 to 190 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 196 to 198 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 180 and close the week around the levels of 174.

Support for the commodity lies in the zone of 173 to 175 where the commodity has formed a low in the month of November-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 164 to 166 where the commodity has formed a double bottom in the month of August-2018 and September-2018.

Minor support for the commodity lies in the zone of 180 to 182. Resistance for the commodity lies in the zone of 188 to 190 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 196 to 198 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 163 – 166 on downside & 185 – 188 on upside.

ZINC:

ZINC closed the week on a negative note losing around 3.30%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 185 to 187. Resistance for the commodity lies in the zone of 190 to 192 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 196 to 198 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 186 and close the week around the levels of 177.

Support for the commodity lies in the zone of 172 to 175 where the commodity has formed a low in the month of November-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 164 to 166 where the commodity has formed a double bottom in the month of August-2018 and September-2018.

Minor support for the commodity lies in the zone of 180 to 182. Resistance for the commodity lies in the zone of 188 to 190 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 196 to 198 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 163 – 166 on downside & 185 – 188 on upside.

ZINC:

ZINC closed the week on a negative note losing around 2.50%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 190 to 192 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 196 to 198 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 192 and close the week around the levels of 183.

Support for the commodity lies in the zone of 180 to 182 where Fibonacci levels and break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 172 to 175 where the commodity has formed a low in the month of November-2018.

Minor support for the commodity lies in the zone of 185 to 187. Resistance for the commodity lies in the zone of 190 to 192 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 196 to 198 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 172 – 175 on downside & 190 – 193 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 4.50%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 181 to 183. Resistance for the commodity lies in the zone of 185 to 188 where Fibonacci levels and short & medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 192 to 195 where Fibonacci levels and long term moving averages are lying. During the week the commodity manages to hit a high of 191 and close the week around the levels of 188.

Minor support for the commodity lies in the zone of 184 to 186. Support for the commodity lies in the zone of 180 to 182 where Fibonacci levels and break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 172 to 175 where the commodity has formed a low in the month of November-2018.

Resistance for the commodity lies in the zone of 190 to 192 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 196 to 198 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 178 – 180 on downside & 195 – 197 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 0.60%.

As we have mentioned last week, that support for the commodity lies in the zone of 180 to 183 where Fibonacci levels and break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 173 to 175 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 173 and close the week around the levels of 180.

Minor support for the commodity lies in the zone of 173 to 175. Support for the commodity lies in the zone of 163 to 166 where Fibonacci levels and low for the month of August-2018 & September-2018 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 155 to 158 where the commodity has taken support in the month of June-2017.

Minor resistance for the commodity lies in the zone of 181 to 183. Resistance for the commodity lies in the zone of 185 to 188 where Fibonacci levels and short & medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 192 to 195 where Fibonacci levels and long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 165 – 170 on downside & 190 – 195 on upside.

ZINC:

ZINC closed the week on a negative note losing around 5.30%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 194 to 196 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 198 to 200 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 194 and close the week around the levels of 182.

Support for the commodity lies in the zone of 180 to 183 where Fibonacci levels and break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 173 to 175 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 184 to 186. Resistance for the commodity lies in the zone of 188 to 190 where Fibonacci levels and short & medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 194 to 196 where Fibonacci levels and long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 170 – 173 on downside & 190 – 193 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 3.80%.

As we have mentioned last week, that support for the commodity lies in the zone of 178 to 180 where Fibonacci levels and break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 165 to 168 where the commodity has formed a double bottom in the month of August-2018 and September-2018. During the week the commodity manages to hit a low of 181 and close the week around the levels of 192.

Support for the commodity lies in the zone of 188 to 190 where Fibonacci levels and short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 183 to 185 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 194 to 196 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 198 to 200 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 182 – 185 on downside & 198 – 200 on upside.

ZINC:

ZINC closed the week on a negative note losing around 1.80%.

As we have mentioned last week, that support for the commodity lies in the zone of 190 to 193 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 187 from where the commodity broke out of August-2018 & September-2018 high and Fibonacci levels are lying. During the week the commodity manages to hit a low of 181 and close the week around the levels of 185.

Support for the commodity lies in the zone of 178 to 180 where Fibonacci levels and break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 165 to 168 where the commodity has formed a double bottom in the month of August-2018 and September-2018.

Resistance for the commodity lies in the zone of 188 to 190 where Fibonacci levels and short & medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 193 to 95 where Fibonacci levels and long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 170 – 175 on downside & 195 – 200 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 0.90%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 198 to 200 from where the commodity broke down from May-2018 lows and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 205 to 207 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 203 and close the week around the levels of 198.

Support for the commodity lies in the zone of 190 to 193 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 187 from where the commodity broke out of August-2018 & September-2018 high and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 198 to 200 from where the commodity broke down from May-2018 lows and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 205 to 207 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 180 – 185 on downside & 210 – 215 on upside.

ZINC:

ZINC closed the week on a negative note losing around 0.60%.

As we have mentioned last week, that support for the commodity lies in the zone of 190 to 193 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 187 from where the commodity broke out of August-2018 & September-2018 high and Fibonacci levels are lying. During the week the commodity manages to hit a low of 192 and close the week around the levels of 197.

Support for the commodity lies in the zone of 190 to 193 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 187 from where the commodity broke out of August-2018 & September-2018 high and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 198 to 200 from where the commodity broke down from May-2018 lows and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 205 to 207 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 180 – 185 on downside & 210 – 215 on upside.

ZINC:

ZINC closed the week on a negative note losing around 0.10%.

As we have mentioned last week, that support for the commodity lies in the zone of 190 to 193 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 187 from where the commodity broke out of August-2018 & September-2018 high and Fibonacci levels are lying. During the week the commodity manages to hit a low of 193 and close the week around the levels of 198.

Support for the commodity lies in the zone of 190 to 193 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 187 from where the commodity broke out of August-2018 & September-2018 high and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 198 to 200 from where the commodity broke down from May-2018 lows and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 205 to 207 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 180 – 185 on downside & 210 – 215 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 5.90%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 195 to 198 from where the commodity broke down from December-2017 & May-2018 lows and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 203 to 206 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 200 and close the week around the levels of 198.

Support for the commodity lies in the zone of 190 to 193 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 187 from where the commodity broke out of August-2018 & September-2018 high and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 198 to 200 from where the commodity broke down from May-2018 lows and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 204 to 206 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 180 – 185 on downside & 210 – 215 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 4.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 185 to 187 where high for the month of August-2018 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 192 where long term moving averages and Fibonacci levels are lying. During the week the commodity manages to hit a high of 195 and close the week around the levels of 192.

Support for the commodity lies in the zone of 185 to 187 from where the commodity broke out of August-2018 high and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 180 where Fibonacci levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 195 to 198 from where the commodity broke down from December-2017 & May-2018 lows and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 203 to 206 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 175 – 180 on downside & 200 – 205 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 9.60%.

As we have mentioned last week, that minor resistance for the commodity lies around 170 to 173. Resistance for the commodity lies in the zone of 178 to 180 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 185 to 187 where high for the month of August-2018 is lying. During the week the commodity manages to hit a high of 184 and close the week around the levels of 182.

Support for the commodity lies in the zone of 178 to 180 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 170 to 173 where break out levels are lying.

Resistance for the commodity lies in the zone of 185 to 187 where high for the month of August-2018 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 192 where long term moving averages and Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 170 – 175 on downside & 190 – 195 on upside.

ZINC:

ZINC closed the week on a negative note losing around 4.30%.

As we have mentioned last week, that minor support for the commodity lies around 172 to 174. Support for the commodity lies in the zone of 164 to 167 where long term Fibonacci levels and low for the month of August-2018 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 150 to 155 where the commodity has formed a bottom in the month of June-2017. During the week the commodity manages to hit a low of 166 and close the week around the levels of 166.

Support for the commodity lies in the zone of 164 to 167 where long term Fibonacci levels and low for the month of August-2018 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 150 to 155 where the commodity has formed a bottom in the month of June-2017.

Minor resistance for the commodity lies around 170 to 173. Resistance for the commodity lies in the zone of 178 to 180 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 185 to 187 where high for the month of August-2018 is lying.

Broad range for the commodity in the coming week can be seen between 155 – 160 on downside & 175 – 178 on upside.

ZINC:

ZINC closed the week on a negative note losing around 1.30%.

As we have mentioned last week, that minor support for the commodity lies around 172 to 174. Support for the commodity lies in the zone of 164 to 167 where long term Fibonacci levels and low for the month of August-2018 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 150 to 155 where the commodity has formed a bottom in the month of June-2017. During the week the commodity manages to hit a low of 173 and close the week around the levels of 174.

Minor support for the commodity lies around 172 to 174. Support for the commodity lies in the zone of 164 to 167 where long term Fibonacci levels and low for the month of August-2018 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 150 to 155 where the commodity has formed a bottom in the month of June-2017.

Resistance for the commodity lies in the zone of 178 to 180 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 185 to 187 where high for the month of August-2018 is lying.

Broad range for the commodity in the coming week can be seen between 165 – 170 on downside & 180 – 185 on upside.

ZINC:

ZINC closed the week on a negative note losing around 1.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 180 to 182 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 195 from where the commodity broke down from June-2018 lows. During the week the commodity manages to hit a high of 180 and close the week around the levels of 176.

Minor support for the commodity lies around 172 to 174. Support for the commodity lies in the zone of 164 to 167 where long term Fibonacci levels and low for the month of August-2018 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 150 to 155 where the commodity has formed a bottom in the month of June-2017.

Resistance for the commodity lies in the zone of 180 to 182 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 195 from where the commodity broke down from June-2018 lows.

Broad range for the commodity in the coming week can be seen between 165 – 170 on downside & 185 – 190 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 6.00%.

As we have mentioned last week, that minor resistance for the commodity lies around 172 to 175. Resistance for the commodity lies in the zone of 180 to 182 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 195 from where the commodity broke down from June-2018 lows. During the week the commodity manages to hit a high of 179 and close the week around the levels of 178.

Minor support for the commodity lies around 172 to 174. Support for the commodity lies in the zone of 165 to 167 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 150 to 155 where the commodity has formed a bottom in the month of June-2017.

Resistance for the commodity lies in the zone of 180 to 182 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 195 from where the commodity broke down from June-2018 lows.

Broad range for the commodity in the coming week can be seen between 165 – 170 on downside & 185 – 190 on upside.

ZINC:

ZINC closed the week on a negative note losing around 4.50%.

As we have mentioned last week, that minor support for the commodity lies around 174 to 176. Support for the commodity lies in the zone of 165 to 170 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 150 to 155 where the commodity has formed a bottom in the month of June-2017. During the week the commodity manages to hit a low of 164 and close the week around the levels of 168.

Support for the commodity lies in the zone of 165 to 167 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 150 to 155 where the commodity has formed a bottom in the month of June-2017.

Minor resistance for the commodity lies around 172 to 175. Resistance for the commodity lies in the zone of 180 to 182 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 195 from where the commodity broke down from June-2018 lows.

Broad range for the commodity in the coming week can be seen between 155 – 160 on downside & 175 – 180 on upside.

ZINC:

ZINC closed the week on a negative note losing around 2.30%.

As we have mentioned last week, that minor support for the commodity lies around 174 to 176. Support for the commodity lies in the zone of 165 to 170 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 150 to 155 where the commodity has formed a bottom in the month of June-2017. During the week the commodity manages to hit a low of 176 and close the week around the levels of 177.

Minor support for the commodity lies around 174 to 176. Support for the commodity lies in the zone of 165 to 170 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 150 to 155 where the commodity has formed a bottom in the month of June-2017.

Resistance for the commodity lies in the zone of 180 to 182 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 195 from where the commodity broke down from June-2018 lows.

Broad range for the commodity in the coming week can be seen between 165 – 170 on downside & 185 – 190 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 0.80%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 178 to 182 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 195 from where the commodity broke down from June-2018 lows. During the week the commodity manages to hit a high of 182 and close the week around the levels of 181.

Minor support for the commodity lies around 174 to 176. Support for the commodity lies in the zone of 165 to 170 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 150 to 155 where the commodity has formed a bottom in the month of June-2017.

Resistance for the commodity lies in the zone of 180 to 182 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 195 from where the commodity broke down from June-2018 lows.

Broad range for the commodity in the coming week can be seen between 165 – 170 on downside & 190 – 195 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 0.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 178 to 182 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 195 from where the commodity broke down from June-2018 lows. During the week the commodity manages to hit a high of 183 and close the week around the levels of 180.

Support for the commodity lies in the zone of 165 to 170 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 150 to 155 where the commodity has formed a bottom in the month of June-2017.

Resistance for the commodity lies in the zone of 178 to 182 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 195 from where the commodity broke down from June-2018 lows.

Broad range for the commodity in the coming week can be seen between 165 – 170 on downside & 190 – 195 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 0.90%.

As we have mentioned last week, that support for the commodity lies in the zone of 165 to 170 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 150 to 155 where the commodity has formed a bottom in the month of June-2017. During the week the commodity manages to hit a low of 171 and close the week around the levels of 179.

Support for the commodity lies in the zone of 165 to 170 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 150 to 155 where the commodity has formed a bottom in the month of June-2017.

Resistance for the commodity lies in the zone of 178 to 182 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 195 from where the commodity broke down from June-2018 lows.

Broad range for the commodity in the coming week can be seen between 165 – 170 on downside & 190 – 195 on upside.

ZINC:

ZINC closed the week on a negative note losing around 6.70%.

As we have mentioned last week, that support for the commodity lies in the zone of 185 to 190 where the commodity has hit a low in the month of September-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 170 to 175 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 174 and close the week around the levels of 178.

Support for the commodity lies in the zone of 165 to 170 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 150 to 155 where the commodity has formed a bottom in the month of June-2017.

Resistance for the commodity lies in the zone of 175 to 180 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 195 from where the commodity broke down from June-2018 lows.

Broad range for the commodity in the coming week can be seen between 160 – 165 on downside & 190 – 195 on upside.

ZINC:

ZINC closed the week on a negative note losing around 5.70%.

As we have mentioned last week, that support for the commodity lies in the zone of 195 to 200 where the commodity has formed a low in the month of December-2017 and May-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 190 where the commodity has hit a low in the month of September-2017. During the week the commodity manages to hit a low of 185 and close the week around the levels of 191.

Support for the commodity lies in the zone of 185 to 190 where the commodity has hit a low in the month of September-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 170 to 175 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 195 to 200 from where the commodity has broken down from the double bottom pattern. If the commodity manages to close above these levels then the commodity can move to the levels of 210 to 212 where short & medium term moving averages and Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 175 – 180 on downside & 205 – 210 on upside.

ZINC:

ZINC closed the week on a negative note losing around 1.60%.

As we have mentioned last week, that support for the commodity lies in the zone of 195 to 200 where the commodity has formed a low in the month of December-2017 and May-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 190 where the commodity has hit a low in the month of September-2017. During the week the commodity manages to hit a low of 194 and close the week around the levels of 198.

Support for the commodity lies in the zone of 195 to 200 where the commodity has formed a low in the month of December-2017 and May-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 190 where the commodity has hit a low in the month of September-2017.

Resistance for the commodity lies in the zone of 210 to 212 where short & medium term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220 where high for month of April-2018 and Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 180 – 185 on downside & 210 – 215 on upside.

ZINC:

ZINC closed the week on a negative note losing around 4.50%.

As we have mentioned last week, that support for the commodity lies in the zone of 210 to 212 where short & medium term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 200 to 205 where the commodity has taken multiple support in the month of May-2018. During the week the commodity manages to hit a low of 199 and close the week around the levels of 202.

Support for the commodity lies in the zone of 195 to 200 where the commodity has formed a low in the month of December-2017 and May-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 190 where the commodity has hit a low in the month of September-2017.

Resistance for the commodity lies in the zone of 210 to 212 where short & medium term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220 where high for month of April-2018 and Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 185 – 190 on downside & 215 – 220 on upside.

ZINC:

ZINC closed the week on a negative note losing around 2.50%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 218 to 220 where high for month of April-2018 and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 228 to 230 where the commodity has formed a top in the month of January-2018. During the week the commodity manages to hit a high of 219 and close the week around the levels of 212.

Support for the commodity lies in the zone of 210 to 212 where short & medium term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 200 to 205 where the commodity has taken multiple support in the month of May-2018.

Resistance for the commodity lies in the zone of 218 to 220 where high for month of April-2018 and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 228 to 230 where the commodity has formed a top in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 200 – 205 on downside & 220 – 225 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 4.70%.

As we have mentioned last week, that support for the commodity lies in the zone of 200 to 205 where the commodity has taken multiple support in the month of October-2017 and December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of around 188 to 190 where Fibonacci levels and lows for the month of September-2017 is lying. During the week the commodity manages to hit a low of 206 and close the week around the levels of 217.

Support for the commodity lies in the zone of 212 to 215 where short & long term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 200 to 205 where the commodity has taken multiple support in the month of October-2017 and December-2017.

Resistance for the commodity lies in the zone of 218 to 220 where high for month of April-2018 and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 228 to 230 where the commodity has formed a top in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 200 – 205 on downside & 225 – 230 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 0.30%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 212 to 215 where short & long term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 228 to 230 where the commodity has formed a top in the month of January-2018. During the week the commodity manages to hit a high of 213 and close the week around the levels of 208.

Support for the commodity lies in the zone of 200 to 205 where the commodity has taken multiple support in the month of October-2017 and December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of around 188 to 190 where Fibonacci levels and lows for the month of September-2017 is lying.

Resistance for the commodity lies in the zone of 212 to 215 where short & long term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 228 to 230 where the commodity has formed a top in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 190 – 195 on downside & 220 – 225 on upside.

ZINC:

ZINC closed the week on a negative note losing around 1.90%.

As we have mentioned last week, that support for the commodity lies in the zone of 200 to 205 where the commodity has taken multiple support in the month of October-2017 and December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of around 188 to 190 where Fibonacci levels and lows for the month of September-2017 is lying. During the week the commodity manages to hit a low of 205 and close the week around the levels of 207.

Support for the commodity lies in the zone of 200 to 205 where the commodity has taken multiple support in the month of October-2017 and December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of around 188 to 190 where Fibonacci levels and lows for the month of September-2017 is lying.

Resistance for the commodity lies in the zone of 212 to 215 where short & long term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 228 to 230 where the commodity has formed a top in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 190 – 195 on downside & 220 – 225 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 1.40%.

As we have mentioned last week, that support for the commodity lies in the zone of 200 to 205 where the commodity has taken multiple support in the month of October-2017 and December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of around 188 to 190 where Fibonacci levels and lows for the month of September-2017 is lying. During the week the commodity manages to hit a low of 205 and close the week around the levels of 211.

Support for the commodity lies in the zone of 200 to 205 where the commodity has taken multiple support in the month of October-2017 and December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of around 188 to 190 where Fibonacci levels and lows for the month of September-2017 is lying.

Resistance for the commodity lies in the zone of 212 to 215 where short & medium term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 228 to 230 where the commodity has formed a top in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 195 – 200 on downside & 225 – 230 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 1.40%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 210 to 215 where short, medium & long term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 228 to 230 where the commodity has formed a top in the month of January-2018. During the week the commodity manages to hit a high of 210 and close the week around the levels of 208.

Support for the commodity lies in the zone of 200 to 205 where the commodity has taken multiple support in the month of October-2017 and December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of around 188 to 190 where Fibonacci levels and lows for the month of September-2017 is lying.

Resistance for the commodity lies in the zone of 210 to 215 where short, medium & long term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 228 to 230 where the commodity has formed a top in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 190 – 195 on downside & 225 – 230 on upside.

ZINC:

ZINC closed the week on a negative note losing around 2.00%.

As we have mentioned last week, that support for the commodity lies in the zone of 200 to 205 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 195 where Fibonacci levels and lows for the month of September-2017 is lying. During the week the commodity manages to hit a low of 199 and close the week around the levels of 205.

Support for the commodity lies in the zone of 200 to 205 where the commodity has taken multiple support in the month of October-2017 and December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of around 188 to 190 where Fibonacci levels and lows for the month of September-2017 is lying.

Resistance for the commodity lies in the zone of 210 to 215 where short, medium & long term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 228 to 230 where the commodity has formed a top in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 185 – 190 on downside & 220 – 225 on upside.

ZINC:

ZINC closed the week on a negative note losing around 2.30%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 215 to 220 where short & medium term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 228 to 230 where the commodity has formed a top in the month of January-2018. During the week the commodity manages to hit a high of 216 and close the week around the levels of 210.

Support for the commodity lies in the zone of 200 to 205 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 195 where Fibonacci levels and lows for the month of September-2017 is lying.

Resistance for the commodity lies in the zone of 215 to 220 where short & medium term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 228 to 230 where the commodity has formed a top in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 195 – 200 on downside & 225 – 230 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 5.90%.

As we have mentioned last week, that support for the commodity lies in the zone of 200 to 205 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 195 where Fibonacci levels and lows for the month of September-2017 is lying. During the week the commodity manages to hit a low of 202 and close the week around the levels of 215.

Support for the commodity lies in the zone of 200 to 205 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 195 where Fibonacci levels and lows for the month of September-2017 is lying.

Resistance for the commodity lies in the zone of 215 to 220 where short & medium term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 228 to 230 where the commodity has formed a top in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 195 – 200 on downside & 225 – 230 on upside.

ZINC:

ZINC closed the week on a negative note losing around 4.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 215 to 220 where short & medium term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 228 to 230 where the commodity has formed a top in the month of January-2018. During the week the commodity manages to hit a low of 202 and close the week around the levels of 203.

Support for the commodity lies in the zone of 200 to 205 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 195 where Fibonacci levels and lows for the month of September-2017 is lying.

Resistance for the commodity lies in the zone of 215 to 220 where short & medium term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 228 to 230 where the commodity has formed a top in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 190 – 195 on downside & 220 – 225 on upside.

ZINC:

ZINC closed the week on a negative note losing around 1.10%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 209 to 211. Support for the commodity lies in the zone of 200 to 205 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 195 where Fibonacci levels and lows for the month of September-2017 is lying. During the week the commodity manages to hit a low of 208 and close the week around the levels of 211.

Minor support for the commodity lies in the zone of 209 to 211. Support for the commodity lies in the zone of 200 to 205 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 195 where Fibonacci levels and lows for the month of September-2017 is lying.

Resistance for the commodity lies in the zone of 215 to 220 where short & medium term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 228 to 230 where the commodity has formed a top in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 200 – 205 on downside & 225 – 230 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 2.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 215 to 220 where short & medium term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 228 to 230 where the commodity has formed a top in the month of January-2018. During the week the commodity manages to hit a high of 216 and close the week around the levels of 214.

Minor support for the commodity lies in the zone of 209 to 211. Support for the commodity lies in the zone of 200 to 205 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 195 where Fibonacci levels and lows for the month of September-2017 is lying.

Resistance for the commodity lies in the zone of 215 to 220 where short & medium term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 228 to 230 where the commodity has formed a top in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 200 – 205 on downside & 225 – 230 on upside.

ZINC:

ZINC closed the week on a negative note losing around 1.40%.

As we have mentioned last week, that support for the commodity lies in the zone of 210 to 212 from where the commodity broke out of December-2017 high. If the commodity manages to close below these levels then the commodity can drift to the levels of around 200 to 205 where Fibonacci levels and long term moving averages are lying. During the week the commodity manages to hit a low of 207 and close the week around the levels of 210.

Support for the commodity lies in the zone of 200 to 205 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 195 where Fibonacci levels and lows for the month of September-2017 is lying.

Resistance for the commodity lies in the zone of 215 to 220 where short & medium term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 228 to 230 where the commodity has formed a top in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 190 – 195 on downside & 225 – 230 on upside.

ZINC:

ZINC closed the week on a negative note losing around 2.60%.

As we have mentioned last week, that support for the commodity lies in the zone of 215 to 217 where the commodity has taken multiple support in the month of January-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of around 210 to 212 from where the commodity broke out of December-2017 high. During the week the commodity manages to hit a low of 208 and close the week around the levels of 214.

Support for the commodity lies in the zone of 210 to 212 from where the commodity broke out of December-2017 high. If the commodity manages to close below these levels then the commodity can drift to the levels of around 200 to 205 where Fibonacci levels and long term moving averages are lying.

Minor resistance for the commodity lies in the zone of 215 to 217. Resistance for the commodity lies in the zone of 220 to 223 where short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 228 to 230 where the commodity has formed a top in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 205 – 210 on downside & 230 – 235 on upside.

ZINC:

ZINC closed the week on a negative note losing around 4.30%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 222 to 225. Support for the commodity lies in the zone of 215 to 217 where the commodity has taken multiple support in the month of January-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of around 210 to 212 from where the commodity broke out of December-2017 high. During the week the commodity manages to hit a low of 232 and close the week around the levels of 220.

Support for the commodity lies in the zone of 215 to 217 where the commodity has taken multiple support in the month of January-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of around 210 to 212 from where the commodity broke out of December-2017 high.

Minor resistance for the commodity lies in the zone of 223 to 225. Resistance for the commodity lies in the zone of 228 to 230 where the commodity has formed a top in the month of January-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 235 to 237.

Broad range for the commodity in the coming week can be seen between 205 – 210 on downside & 235 – 240 on upside.

ZINC:

ZINC closed the week on a negative note losing around 0.50%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 222 to 225. Support for the commodity lies in the zone of 215 to 217 where the commodity has taken multiple support in the month of January-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of around 210 to 212 from where the commodity broke out of December-2017 high. During the week the commodity manages to hit a low of 226 and close the week around the levels of 230.

Minor support for the commodity lies in the zone of 222 to 225. Support for the commodity lies in the zone of 215 to 217 where the commodity has taken multiple support in the month of January-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of around 210 to 212 from where the commodity broke out of December-2017 high.

Resistance for the commodity lies in the zone of 228 to 230 where the commodity has formed a top in the month of January-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 235 to 237.

Broad range for the commodity in the coming week can be seen between 212 – 215 on downside & 240 – 245 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 5.30%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 221 to 223. Resistance for the commodity lies in the zone of 228 to 230 where the commodity has formed a top in the month of January-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 235 to 237. During the week the commodity manages to hit a high of 231 and close the week around the levels of 230.

Minor support for the commodity lies in the zone of 222 to 225. Support for the commodity lies in the zone of 215 to 217 where the commodity has taken multiple support in the month of January-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of around 210 to 212 from where the commodity broke out of December-2017 high.

Resistance for the commodity lies in the zone of 228 to 230 where the commodity has formed a top in the month of January-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 235 to 237.

Broad range for the commodity in the coming week can be seen between 212 – 215 on downside & 240 – 245 on upside.

ZINC:

ZINC closed the week on a negative note losing around 3.60%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 220 to 222. Support for the commodity lies in the zone of 215 to 217 where the commodity has taken multiple support in the month of January-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of around 210 to 212 where short & medium term moving averages are lying. During the week the commodity manages to hit a low of 216 and close the week around the levels of 218.

Support for the commodity lies in the zone of 215 to 217 where the commodity has taken multiple support in the month of January-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of around 210 to 212 where short & medium term moving averages are lying.

Minor resistance for the commodity lies in the zone of 221 to 223. Resistance for the commodity lies in the zone of 228 to 230 where the commodity has formed a top in the month of January-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 235 to 237.

Broad range for the commodity in the coming week can be seen between 210 – 212 on downside & 228 – 230 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 2.20%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 222 to 224. If the commodity manages to close above these levels then the commodity can move to the levels of 227 to 229. During the week the commodity manages to hit a high of 230 and close the week around the levels of 226.

Minor support for the commodity lies in the zone of 220 to 222. Support for the commodity lies in the zone of 215 to 217 where the commodity has taken multiple support in the month of January-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of around 210 to 212 where short & medium term moving averages are lying.

Resistance for the commodity lies in the zone of 228 to 230. If the commodity manages to close above these levels then the commodity can move to the levels of 235 to 237.

Broad range for the commodity in the coming week can be seen between 212 – 215 on downside & 235 – 237 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 1.20%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 220 to 222. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 227. During the week the commodity manages to hit a high of 222.40 and close the week around the levels of 221.60

Minor support for the commodity lies in the zone of 217 to 219. Support for the commodity lies in the zone of 207 to 209 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 200 to 202 where break out levels are lying.

Resistance for the commodity lies in the zone of 222 to 224. If the commodity manages to close above these levels then the commodity can move to the levels of 227 to 229.

Broad range for the commodity in the coming week can be seen between 210 – 212 on downside & 227 – 229 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 0.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 216 to 218 where the commodity has formed a top in the month of October-2017 and November-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 224 to 226. During the week the commodity manages to hit a high of 221 and close the week around the levels of 219.

Minor support for the commodity lies in the zone of 214 to 215. Support for the commodity lies in the zone of 207 to 209 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 200 to 202 where break out levels are lying.

Resistance for the commodity lies in the zone of 220 to 222. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 227.

Broad range for the commodity in the coming week can be seen between 208 – 210 on downside & 225 – 227 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 1.80%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 210 to 212. Support for the commodity lies in the zone of 205 to 207 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 200 to 202 where break out levels are lying. During the week the commodity manages to hit a low of 213 and close the week around the levels of 217.

Minor support for the commodity lies in the zone of 214 to 215. Support for the commodity lies in the zone of 207 to 209 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 200 to 202 where break out levels are lying.

Resistance for the commodity lies in the zone of 216 to 218 where the commodity has formed a top in the month of October-2017 and November-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 224 to 226.

Broad range for the commodity in the coming week can be seen between 205 – 207 on downside & 225 – 227 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 1.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 216 to 218 where the commodity has formed a top in the month of October-2017 and November-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 224 to 226. During the week the commodity manages to hit a high of 215 and close the week around the levels of 214.

Minor support for the commodity lies in the zone of 210 to 212. Support for the commodity lies in the zone of 205 to 207 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 200 to 202 where break out levels are lying.

Resistance for the commodity lies in the zone of 216 to 218 where the commodity has formed a top in the month of October-2017 and November-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 224 to 226.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 220 – 222 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 1.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 216 to 218 where the commodity has formed a top in the month of October-2017 and November-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 224 to 226. During the week the commodity manages to hit a high of 213 and close the week around the levels of 211.

Minor support for the commodity lies in the zone of 207 to 209. Support for the commodity lies in the zone of 200 to 202 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 196 to 198 where break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 216 to 218 where the commodity has formed a top in the month of October-2017 and November-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 224 to 226.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 220 – 222 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 2.00%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 202 to 204. Support for the commodity lies in the zone of 196 to 198 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 188 to 190 where long term moving averages are lying. During the week the commodity manages to hit a low of 203 and close the week around the levels of 209.

Minor support for the commodity lies in the zone of 205 to 207. Support for the commodity lies in the zone of 200 to 202 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 196 to 198 where break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 216 to 218 where the commodity has formed a top in the month of October-2017 and November-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 224 to 226.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 220 – 222 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 3.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 202 to 204 where medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 208 to 210 where short term moving averages are lying. During the week the commodity manages to hit a high of 207 and close the week around the levels of 205.

Minor support for the commodity lies in the zone of 202 to 204. Support for the commodity lies in the zone of 196 to 198 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 188 to 190 where long term moving averages are lying.

Resistance for the commodity lies in the zone of 208 to 210 where short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 216 to 218 where the commodity has formed a top in the month of October-2017 and November-2017.

Broad range for the commodity in the coming week can be seen between 195 – 197 on downside & 216 – 218 on upside.

ZINC:

ZINC closed the week on a negative note losing around 5.10%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 208 to 210. Support for the commodity lies in the zone of 202 to 204 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying. During the week the commodity manages to hit a low of 198 and close the week around the levels of 199.

Support for the commodity lies in the zone of 196 to 198 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 188 to 190 where long term moving averages are lying.

Resistance for the commodity lies in the zone of 202 to 204 where medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 208 to 210 where short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 188 – 190 on downside & 208 – 210 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 0.20%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 208 to 210. Support for the commodity lies in the zone of 202 to 204 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying. During the week the commodity manages to hit a low of 202 and close the week around the levels of 210.

Minor support for the commodity lies in the zone of 208 to 210. Support for the commodity lies in the zone of 202 to 204 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 214 to 216. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220 where the commodity has formed a top in the month of October-2017.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 220 – 222 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 0.80%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 208 to 210. Support for the commodity lies in the zone of 202 to 204 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying. During the week the commodity manages to hit a low of 206 and close the week around the levels of 210.

Minor support for the commodity lies in the zone of 208 to 210. Support for the commodity lies in the zone of 202 to 204 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 214 to 216. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220 where the commodity has formed a top in the month of October-2017.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 220 – 222 on upside.

ZINC:

ZINC closed the week on a negative note losing around 1.80%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 208 to 210. Support for the commodity lies in the zone of 202 to 204 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying. During the week the commodity manages to hit a low of 204 and close the week around the levels of 209.

Minor support for the commodity lies in the zone of 208 to 210. Support for the commodity lies in the zone of 202 to 204 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 214 to 216. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220 where the commodity has formed a top in the month of October-2017.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 220 – 222 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 1.70%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 206 to 207. Support for the commodity lies in the zone of 202 to 204 where trend-line joining highs of 208 and 204 is lying and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying. During the week the commodity manages to hit a low of 206 and close the week around the levels of 212.

Minor support for the commodity lies in the zone of 208 to 210. Support for the commodity lies in the zone of 202 to 204 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 214 to 216. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220 where the commodity has formed a top in the month of October-2017.

Broad range for the commodity in the coming week can be seen between 202 – 204 on downside & 220 – 222 on upside.

ZINC:

ZINC closed the week on a negative note losing around 0.50%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 214 to 216. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220 where the commodity has formed a short term top. During the week the commodity manages to hit a high of 216 and close the week around the levels of 209.

Minor support for the commodity lies in the zone of 206 to 207. Support for the commodity lies in the zone of 202 to 204 where trend-line joining highs of 208 and 204 is lying and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 214 to 216. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220 where the commodity has formed a short term top.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 218 – 220 on upside.

ZINC:

ZINC closed the week on a positive note gaining around 2.50%.

As we have mentioned last week, that support for the commodity lies in the zone of 202 to 204 where trend-line joining highs of 208 and 204 is lying and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying. During the week the commodity manages to hit a low of 205 and close the week around the levels of 210.

Minor support for the commodity lies in the zone of 206 to 207. Support for the commodity lies in the zone of 202 to 204 where trend-line joining highs of 208 and 204 is lying and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 214 to 216. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220 where the commodity has formed a short term top.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 218 – 220 on upside.

ZINC:

ZINC closed the week on a negative note losing around 3.50%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 210 to 212. Support for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and short term moving averages are lying. During the week the commodity manages to hit a low of 199 and close the week around the levels of 205.

Support for the commodity lies in the zone of 202 to 204 where trend-line joining highs of 208 and 204 is lying and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 207 to 209. If the commodity manages to close above these levels then the commodity can move to the levels of 217 to 219 where the commodity has formed a short term top.

Broad range for the commodity in the coming week can be seen between 190 – 192 on downside & 214 – 216 on upside.

ZINC:

ZINC (212.15) closed the week on a negative note losing around 0.90%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 210 to 212. Support for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and short term moving averages are lying. During the week the commodity manages to hit a low of 211 and close the week around the levels of 212.

Minor support for the commodity lies in the zone of 210 to 212. Support for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 218 to 220. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 227. The commodity is trading at the multi year high so virtually no resistance exists.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 222 – 224 on upside.

ZINC:

ZINC (214.10) closed the week on a positive note gaining around 1.90%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 210 to 212. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220. The commodity is trading at the multi year high so virtually no resistance exists. During the week the commodity manages to hit a high of 219 and close the week around the levels of 214.

Minor support for the commodity lies in the zone of 210 to 212. Support for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 218 to 220. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 227. The commodity is trading at the multi year high so virtually no resistance exists.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 222 – 224 on upside.

ZINC:

ZINC (210.20) closed the week on a positive note gaining around 4.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 210 to 212. During the week the commodity manages to hit a high of 210 and close the week around the levels of 210.

Support for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 210 to 212. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220. The commodity is trading at the multi year high so virtually no resistance exists.

Broad range for the commodity in the coming week can be seen between 195 – 197 on downside & 218 – 220 on upside.

ZINC:

ZINC (201) closed the week on a positive note gaining around 3.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 195 to 197 from where the commodity has broken down from the consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 204 to 206 where trend-line joining highs of 208 and 204 are lying. During the week the commodity manages to hit a high of 203 and close the week around the levels of 201.

Minor support for the commodity lies in the zone of 196 to 198. Support for the commodity lies in the zone of 190 to 192 where break out levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 183 to 185 where trend-line support for the commodity is lying.

Resistance for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 210 to 212.

Broad range for the commodity in the coming week can be seen between 190 – 192 on downside & 210 – 212 on upside.

ZINC:

ZINC (194.90) closed the week on a positive note gaining around 0.70%.

Support for the commodity lies in the zone of 189 to 191 where break out levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 183 to 185 where trend-line support for the commodity is lying.

Resistance for the commodity lies in the zone of 195 to 197 from where the commodity has broken down from the consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 204 to 206 where trend-line joining highs of 208 and 204 are lying.

Broad range for the commodity in the coming week can be seen between 185 – 187 on downside & 205 – 207 on upside.

ZINC:

ZINC (195.50) closed the week on a negative note losing around 2.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close above these levels then the commodity will broke out of multiple years of consolidation and correction. During the week the commodity manages to hit a high of 203 and close the week around the levels of 195.50

Minor support for the commodity lies in the zone of 195 to 197. Support for the commodity lies in the zone of 189 to 191 from where the commodity broke out after consolidation. If the commodity manages to close below these levels then the commodity can drift to the levels of around 185 to 187 from where the commodity broke out of July-2017 highs and declining trend-line support is lying.

Resistance for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close above these levels then the commodity will broke out of multiple years of consolidation and correction.

Broad range for the commodity in the coming week can be seen between 185 – 187 on downside & 208 – 210 on upside.

ZINC:

ZINC (200.80) closed the week on a positive note gaining around 8.30%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 186 to 188 where declining trend-line resistance for the commodity is lying. If the commodity manages to close above these levels then the commodity can witness a major long term break-out and the commodity can move to the levels of 196 to 198. During the week the commodity manages to hit a high of 202 and close the week around the levels of 201.

Minor support for the commodity lies in the zone of 195 to 197. Support for the commodity lies in the zone of 189 to 191 from where the commodity broke out after consolidation. If the commodity manages to close below these levels then the commodity can drift to the levels of around 185 to 187 from where the commodity broke out of July-2017 highs and declining trend-line support is lying.

Resistance for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close above these levels then the commodity will broke out of multiple years of consolidation and correction.

Broad range for the commodity in the coming week can be seen between 190 – 192 on downside & 208 – 210 on upside.

ZINC:

ZINC (185.45) closed the week on a positive note gaining around 3.50%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 179 to 180 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 185 to 187 where the commodity has formed a short term top and declining trend-line resistance are lying. During the week the commodity manages to hit a high of 190 and close the week around the levels of 185.

Minor support for the commodity lies in the zone of 182 to 183. Support for the commodity lies in the zone of 178 to 180 where Fibonacci level and 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 170 to 172 where short & medium term moving averages and break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 186 to 188 where declining trend-line resistance for the commodity is lying. If the commodity manages to close above these levels then the commodity can witness a major long term break-out and the commodity can move to the levels of 196 to 198.

Broad range for the commodity in the coming week can be seen between 175 – 177 on downside & 195 – 198 on upside.

ZINC:

ZINC (179.20) closed the week on a positive note gaining around 0.70%.

As we have mentioned last week, that support for the commodity lies in the zone of 175 to 176 where 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 170 to 172 where short & medium term moving averages and break out levels for the commodity is lying. During the week the commodity manages to hit a low of 176 and close the week around the levels of 179.

Support for the commodity lies in the zone of 175 to 176 where 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 170 to 172 where short & medium term moving averages and break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 179 to 180 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 185 to 187 where the commodity has formed a short term top and declining trend-line resistance are lying.

Broad range for the commodity in the coming week can be seen between 170 – 172 on downside & 188 – 190 on upside.

ZINC:

ZINC (178) closed the week on a positive note gaining around 0.30%.

As we have mentioned last week, that support for the commodity lies in the zone of 175 to 176 where 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 170 to 172 where short & medium term moving averages and break out levels for the commodity is lying. During the week the commodity manages to hit a low of 177 and close the week around the levels of 178.

Support for the commodity lies in the zone of 175 to 176 where 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 170 to 172 where short & medium term moving averages and break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 179 to 180 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 185 to 187 where the commodity has formed a short term top and declining trend-line resistance are lying.

Broad range for the commodity in the coming week can be seen between 170 – 172 on downside & 188 – 190 on upside.

ZINC:

ZINC (177.55) closed the week on a negative note losing around 1.00%.

As we have mentioned last week, that support for the commodity lies in the zone of 178 to 180 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 173 to 174 where 200 Daily moving averages and break out levels are lying. During the week the commodity manages to hit a low of 175 and close the week around the levels of 178.

Support for the commodity lies in the zone of 175 to 176 where 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 170 to 172 where short & medium term moving averages and break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 179 to 180 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 185 to 187 where the commodity has formed a short term top and declining trend-line resistance are lying.

Broad range for the commodity in the coming week can be seen between 170 – 172 on downside & 188 – 190 on upside.

ZINC:

ZINC (179.30) closed the week on a negative note losing around 0.60%.

As we have mentioned last week, that support for the commodity lies in the zone of 178 to 180 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 173 to 174 where 200 Daily moving averages and break out levels are lying. During the week the commodity manages to hit a low of 177 and close the week around the levels of 179.

Support for the commodity lies in the zone of 178 to 180 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 173 to 174 where 200 Daily moving averages and break out levels are lying.

Minor resistance for the commodity lies in the zone of 183 to 184. Resistance for the commodity lies in the zone of 188 to 190 where channel resistance for the commodity is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 195 to 198 where the commodity has formed a top in the month of February-2017.

Broad range for the commodity in the coming week can be seen between 170 – 172 on downside & 188 – 190 on upside.

ZINC:

ZINC (180.30) closed the week on a positive note gaining around 1.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 178 to 180 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 188 to 190 where channel resistance for the commodity is lying. During the week the commodity manages to hit a high of 183 and close the week around the levels of 180.

Support for the commodity lies in the zone of 178 to 180 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 173 to 174 where 200 Daily moving averages and break out levels are lying.

Minor resistance for the commodity lies in the zone of 183 to 184. Resistance for the commodity lies in the zone of 188 to 190 where channel resistance for the commodity is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 195 to 198 where the commodity has formed a top in the month of February-2017.

Broad range for the commodity in the coming week can be seen between 170 – 172 on downside & 188 – 190 on upside.

ZINC:

ZINC (178.25) closed the week on a positive note gaining around 2.20%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 178 to 180 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 188 to 190 where channel resistance for the commodity is lying. During the week the commodity manages to hit a high of 179 and close the week around the levels of 178.

Support for the commodity lies in the zone of 173 to 174 where 200 Daily moving averages and break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 165 to 167 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 178 to 180 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 188 to 190 where channel resistance for the commodity is lying.

Broad range for the commodity in the coming week can be seen between 165 – 167 on downside & 188 – 190 on upside.

ZINC:

ZINC (174.40) closed the week on a positive note gaining around 7.50%.

As we have mentioned last week that support for the commodity lies in the zone of 162 to 163 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 158 to 160 where channel support for the commodity is lying. During the week the commodity manages to hit a low of 163 and close the week around the levels of 174.

Support for the commodity lies in the zone of 172 to 173 where 200 Daily moving averages and break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 165 to 167 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 178 to 180 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 188 to 190 where channel resistance for the commodity is lying.

Broad range for the commodity in the coming week can be seen between 165 – 167 on downside & 188 – 190 on upside.

ZINC:

ZINC (162.30) closed the week on a negative note losing around 0.50%.

As we have mentioned last week that support for the commodity lies in the zone of 162 to 163 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 158 to 160 where channel support for the commodity is lying. During the week the commodity manages to hit a low of 157 and close the week around the levels of 162.

Support for the commodity lies in the zone of 162 to 163 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 158 to 160 where channel support for the commodity is lying.

Minor resistance for the commodity lies in the zone of 165 to 166. Resistance for the commodity lies in the zone of 168 to 170 from where the commodity broke down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 172 to 173 where 200 Daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 153 – 155 on downside & 170 – 172 on upside.

ZINC:

ZINC (163.15) closed the week on a positive note gaining around 0.10%.

As we have mentioned last week that support for the commodity lies in the zone of 162 to 163 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 158 to 160 where channel support for the commodity is lying. During the week the commodity manages to hit a low of 156 and close the week around the levels of 163.

Support for the commodity lies in the zone of 162 to 163 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 158 to 160 where channel support for the commodity is lying.

Minor resistance for the commodity lies in the zone of 165 to 166. Resistance for the commodity lies in the zone of 168 to 170 from where the commodity broke down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 172 to 173 where 200 Daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 153 – 155 on downside & 170 – 172 on upside.

ZINC:

ZINC (162.90) closed the week on a positive note gaining around 0.30%.

As we have mentioned last week that resistance for the commodity lies in the zone of 171 to 173 where 200 Daily moving averages are lying. Resistance for the commodity lies in the zone of 175 to 177 from where the commodity broke down. If the commodity manages to close above these levels then the commodity can move to the levels of 179 to 181 where Fibonacci level is lying. During the week the commodity manages to hit a high of 171 and close the week around the levels of 163.

Support for the commodity lies in the zone of 162 to 163 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 158 to 160 where channel support for the commodity is lying.

Minor resistance for the commodity lies in the zone of 165 to 166. Resistance for the commodity lies in the zone of 168 to 170 from where the commodity broke down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 172 to 173 where 200 Daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 153 – 155 on downside & 170 – 172 on upside.

ZINC:

ZINC (170.25) closed the week on a positive note gaining around 0.30%.

As we have mentioned last week that resistance for the commodity lies in the zone of 171 to 173 where 200 Daily moving averages are lying. Resistance for the commodity lies in the zone of 175 to 177 from where the commodity broke down. If the commodity manages to close above these levels then the commodity can move to the levels of 179 to 181 where Fibonacci level is lying. During the week the commodity manages to hit a high of 172 and close the week around the levels of 170.

Minor support for the commodity lies in the zone of 167 to 168. Support for the commodity lies in the zone of 163 to 165 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 158 to 160 where channel support for the commodity is lying.

Resistance for the commodity lies in the zone of 171 to 173 where 200 Daily moving averages are lying. Resistance for the commodity lies in the zone of 175 to 177 from where the commodity broke down. If the commodity manages to close above these levels then the commodity can move to the levels of 179 to 181 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 160 – 162 on downside & 178 – 180 on upside.

ZINC:

ZINC (169.80) closed the week on a positive note gaining around 3.20%.

As we have mentioned last week that support for the commodity lies in the zone of 163 to 165 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 158 to 160 where channel support for the commodity is lying. During the week the commodity manages to hit a low of 159 and close the week around the levels of 170.

Support for the commodity lies in the zone of 163 to 165 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 158 to 160 where channel support for the commodity is lying.

Resistance for the commodity lies in the zone of 171 to 173 where 200 Daily moving averages are lying. Resistance for the commodity lies in the zone of 175 to 177 from where the commodity broke down. If the commodity manages to close above these levels then the commodity can move to the levels of 179 to 181 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 160 – 162 on downside & 178 – 180 on upside.

ZINC:

ZINC (163.60) closed the week on a negative note losing around 1.90%.

As we have mentioned last week that resistance for the commodity lies in the zone of 169 to 170 where 200 Daily moving averages are lying. Resistance for the commodity lies in the zone of 175 to 177 from where the commodity broke down. If the commodity manages to close above these levels then the commodity can move to the levels of 179 to 181 where Fibonacci level is lying. During the week the commodity manages to hit a high of 171 and close the week around the levels of 164.

Support for the commodity lies in the zone of 163 to 165 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 158 to 160 where channel support for the commodity is lying.

Minor resistance for the commodity lies in the zone of 166 to 167. Resistance for the commodity lies in the zone of 169 to 170 where 200 Daily moving averages are lying. Resistance for the commodity lies in the zone of 175 to 177 from where the commodity broke down. If the commodity manages to close above these levels then the commodity can move to the levels of 179 to 181 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 155 – 157 on downside & 175 – 177 on upside.

ZINC:

ZINC (166.70) closed the week on a negative note losing around 1.60%.

As we have mentioned last week that minor support for the commodity lies in the zone of 167 to 168. Support for the commodity lies in the zone of 163 to 165 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 158 to 160 where channel support for the commodity is lying. During the week the commodity manages to hit a low of 163 and close the week around the levels of 167.

Support for the commodity lies in the zone of 163 to 165 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 158 to 160 where channel support for the commodity is lying.

Resistance for the commodity lies in the zone of 169 to 170 where 200 Daily moving averages are lying. Resistance for the commodity lies in the zone of 175 to 177 from where the commodity broke down. If the commodity manages to close above these levels then the commodity can move to the levels of 179 to 181 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 158 – 160 on downside & 175 – 177 on upside.

ZINC:

ZINC (169.45) closed the week on a positive note gaining around 1.70%.

As we have mentioned last week that resistance for the commodity lies in the zone of 169 to 170. Resistance for the commodity lies in the zone of 175 to 177 from where the commodity broke down. If the commodity manages to close above these levels then the commodity can move to the levels of 179 to 181 where Fibonacci level is lying. During the week the commodity manages to hit a high of 170 and close the week around the levels of 169.

Minor support for the commodity lies in the zone of 167 to 168. Support for the commodity lies in the zone of 163 to 165 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 158 to 160 where channel support for the commodity is lying.

Resistance for the commodity lies in the zone of 169 to 170 where 200 Daily moving averages are lying. Resistance for the commodity lies in the zone of 175 to 177 from where the commodity broke down. If the commodity manages to close above these levels then the commodity can move to the levels of 179 to 181 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 158 – 160 on downside & 177 – 179 on upside.

ZINC:

ZINC (166.65) closed the week on a negative note losing around 1.15%..

As we have mentioned last week that minor resistance for the commodity lies in the zone of 172 to 173. Resistance for the commodity lies in the zone of 175 to 177 from where the commodity broke down. If the commodity manages to close above these levels then the commodity can move to the levels of 179 to 181 where Fibonacci level is lying. During the week the commodity manages to hit a high of 171 and close the week around the levels of 167.

Support for the commodity lies in the zone of 163 to 165 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 158 to 160 where channel support for the commodity is lying.

Resistance for the commodity lies in the zone of 169 to 170. Resistance for the commodity lies in the zone of 175 to 177 from where the commodity broke down. If the commodity manages to close above these levels then the commodity can move to the levels of 179 to 181 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 158 – 160 on downside & 177 – 179 on upside.

ZINC:

ZINC (168.60) closed the week on a negative note losing around 1.95%..

As we have mentioned last week that support for the commodity lies in the zone of 168 to 170 where 200 Daily MA is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 164 to 166 where Fibonacci level and low for the month of December-2016 is lying. During the week the commodity manages to hit a low of 165 and close the week around the levels of 169.

Commodity has closed just below the support zone of 168 to 170 where 200 Daily MA is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 164 to 166 where Fibonacci level and low for the month of December-2016 is lying.

Minor resistance for the commodity lies in the zone of 172 to 173. Resistance for the commodity lies in the zone of 175 to 177 from where the commodity broke down. If the commodity manages to close above these levels then the commodity can move to the levels of 179 to 181 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 161 – 163 on downside & 178 – 179 on upside.

ZINC:

ZINC (171.95) closed the week on a negative note losing around 4.70%..

As we have mentioned last week that support for the commodity lies in the zone of 176 to 178 from where the commodity broke out after consolidation and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 168 to 170 where 200 Daily SMA is lying. During the week the commodity manages to hit a low of 171 and close the week around the levels of 172.

Support for the commodity lies in the zone of 168 to 170 where 200 Daily MA is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 164 to 166 where Fibonacci level and low for the month of December-2016 is lying.

Minor resistance for the commodity lies in the zone of 175 to 176. Resistance for the commodity lies in the zone of 179 to 180 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 184 to 186 where short & medium term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 163 – 165 on downside & 178 – 180 on upside.

ZINC:

ZINC (180.40) closed the week on a negative note losing around 2.15%..

As we have mentioned last week that resistance for the commodity lies in the zone of 187 to 188. Resistance for the commodity lies in the zone of 194 to 196 where trend-line joining earlier highs is lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 200 to 202 where top formed in the month of November-2016 is lying. During the week the commodity manages to hit a high of 186 and close the week around the levels of 180.40.

Support for the commodity lies in the zone of 176 to 178 from where the commodity broke out after consolidation and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 168 to 170 where 200 Daily SMA is lying,

Resistance for the commodity lies in the zone of 183 to 184. Resistance for the commodity lies in the zone of 187 to 189 where the commodity has formed a short term top. If the commodity manages to close above these levels then the commodity can move to the levels of around 193 to 195 where trend-line joining earlier highs is lying.

Broad range for the commodity in the coming week can be seen between 170 – 172 on downside & 188 – 190 on upside.

ZINC:

ZINC (184.35) closed the week on a negative note losing around 2.15%..

As we have mentioned last week that minor support for the commodity lies in the zone of 186 to 187. Support for the commodity lies in the zone of 183 to 184 from where the commodity broke out. If the commodity manages to close below these levels then the commodity can drift to the levels of 179 to 181 from where the commodity broke out after consolidation and Fibonacci levels are lying. During the week the commodity manages to hit a low of 182 and close the week around the levels of 184.35.

Support for the commodity lies in the zone of 183 to 184 from where the commodity broke out. If the commodity manages to close below these levels then the commodity can drift to the levels of 179 to 181 from where the commodity broke out after consolidation and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 187 to 188. Resistance for the commodity lies in the zone of 194 to 196 where trend-line joining earlier highs is lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 200 to 202 where top formed in the month of November-2016 is lying.

Broad range for the commodity in the coming week can be seen between 175 – 177 on downside & 192 – 194 on upside.

ZINC:

ZINC (188.40) closed the week on a positive note gaining around 4.70%.

As we have mentioned last week that support for the commodity lies in the zone of 179 to 181 from where the commodity broke out after consolidation and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 173 to 175 from where the commodity broke out after consolidation. During the week the commodity manages to hit a low of 176 and close the week around the levels of 188.

Minor support for the commodity lies in the zone of 186 to 187. Support for the commodity lies in the zone of 183 to 184 from where the commodity broke out. If the commodity manages to close below these levels then the commodity can drift to the levels of 179 to 181 from where the commodity broke out after consolidation and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 188 to 190. Resistance for the commodity lies in the zone of 194 to 196 where trend-line joining earlier highs is lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 200 to 202 where top formed in the month of November-2016 is lying.

Broad range for the commodity in the coming week can be seen between 180 – 182 on downside & 198 – 200 on upside.

ZINC:

ZINC (180.00) closed the week with a negative note losing around 3.20%.

As we have mentioned last week that support for the commodity lies in the zone of 184 to 186 where the commodity has taken multiple support and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 179 to 181 from where the commodity broke out after consolidation and Fibonacci levels are lying. During the week the commodity manages to hit a low of 176.55 and close the week around the levels of 180.

Support for the commodity lies in the zone of 179 to 181 from where the commodity broke out after consolidation and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 173 to 175 from where the commodity broke out after consolidation.

Minor resistance for the commodity lies in the zone of 181 to 182. Resistance for the commodity lies in the zone of 185 to 186 from where the commodity broke down from the double bottom pattern. If the commodity manages to close above these levels then the commodity can move to the levels of 188 to 190.

Broad range for the commodity in the coming week can be seen between 170 – 172 on downside and 190 – 192 on upside.

ZINC:

ZINC (185.85) closed the week with a negative note losing around 1.60%.

As we have mentioned last week that support for the commodity lies in the zone of 184 to 186 where the commodity has taken multiple support and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 179 to 181 from where the commodity broke out after consolidation and Fibonacci levels are lying. During the week the commodity manages to hit a low of 184.75 and close the week around the levels of 185.85.

Support for the commodity lies in the zone of 184 to 186 where the commodity has taken multiple support and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 179 to 181 from where the commodity broke out after consolidation and Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 190 to 192. Resistance for the commodity lies in the zone of 198 to 200 where trend-line joining highs of 204 & 199 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 204 to 206 where 52 week highs for the commodity is lying.

Broad range for the commodity in the coming week can be seen between 182 – 184 on downside and 194 – 196 on upside.

ZINC:

ZINC (188.95) closed the week with a positive note gaining around 0.50%.

As we have mentioned last week that support for the commodity lies in the zone of 184 to 186 where the commodity has taken multiple support and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 179 to 181 from where the commodity broke out after consolidation and Fibonacci levels are lying. During the week the commodity manages to hit a low of 185 and close the week around the levels of 188.95.

Support for the commodity lies in the zone of 184 to 186 where the commodity has taken multiple support and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 179 to 181 from where the commodity broke out after consolidation and Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 191 to 193. Resistance for the commodity lies in the zone of 198 to 200. Resistance for the commodity lies in the zone of 204 to 206 where 52 week highs for the commodity is lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 210.

Broad range for the commodity in the coming week can be seen between 182 – 184 on downside and 194 – 196 on upside.

ZINC:

ZINC (188.05) closed the week with a negative note losing around 4.25%.

As we have mentioned last week that minor support for the commodity lies in the zone of around 192 to 194. Support for the commodity lies in the zone of 184 to 186 where the commodity has taken multiple support and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 179 to 181 from where the commodity broke out after consolidation and Fibonacci levels are lying. During the week the commodity manages to hit a low of 186.45 and close the week around the levels of 188.05.

Support for the commodity lies in the zone of 184 to 186 where the commodity has taken multiple support and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 179 to 181 from where the commodity broke out after consolidation and Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 191 to 193. Resistance for the commodity lies in the zone of 198 to 200. Resistance for the commodity lies in the zone of 204 to 206 where 52 week highs for the commodity is lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 210.

Broad range for the commodity in the coming week can be seen between 179 – 181 on downside and 194 – 196 on upside.

ZINC:

ZINC (196.40) closed the week with a positive note gaining around 5.15%.

Minor support for the commodity lies in the zone of around 192 to 194. Support for the commodity lies in the zone of 184 to 186 where the commodity has taken multiple support and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 179 to 181 from where the commodity broke out after consolidation and Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 198 to 200. Resistance for the commodity lies in the zone of 204 to 206 where 52 week highs for the commodity is lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 210.

Broad range for the commodity in the coming week can be seen between 184 – 186 on downside and 205 – 207 on upside.